58 River Village Drive #58MilfordME04461
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Milford at 58 River Village Drive #58, Milford, ME, 04461 earns $33/mo cash flow from $2,551/mo rent with a $1,953/mo payment. Total monthly income totals $2,551/mo, and annual cash flow totals $393/yr on $132,269 capital. ROI tracks 20.21% on current figures, and rental yield reads 7.67% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 104.59% and total cumulative return in cash sums $138,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,551/mo property income instead of your personal income.
Condo
Built in 2020
11.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04461, Milford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 954 (72.2%) |
| Renter Occupied HU | 270 (20.4%) |
| Vacant Housing Units | 98 ( 7.4%) |
| Median Home Value | $216,000 |
| Average Home Value | $209,746 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
25
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